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Thursday, June 14, 2018 4:35:32 PM
Dilution: Adding shares to the OS and float that were not there before.
The shares CFGN is selling are not shares being converted, nor are they shares being added to the OS as they are already counted in the OS and the float; these shares have existed since October 2009 and are being sold.
CFGN is selling shares owned by an entity named Zurvita Holdings, Inc. (symbol: ZRVT). In 2009, Zurvita was issued 8,000,000 shares at a value of 0.01 per share and, per George, they began unloading these shares back in late January, early February 2018.
Most of us figure they are low on shares by now...this entity was selling through on the open market and through BMIC prior to BMIC's fallout.
Here is the source, just Ctrl-F "8,000,000" and you'll find it.: https://backend.otcmarkets.com/otcapi/company/sec-filings/7194979/content/html
All recent issues (3 mil to Maxim, 700k to SEC lawyer (per George)) are restricted.
Call George yourself.
Now you Dwyane me...now you Dwon't
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